Mutual funds active in energy sector outperform

Broader markets have impressed with their performance in the one year period, however, the mutual fund schemes that invest in energy and power stocks have outshined the broader markets.

As a category, the mutual fund schemes that invest in Energy and Power stocks have delivered nearly 36.5 percent returns over the past one year.

The second-best performance was reflected by the mutual fund schemes that invest in banking and financial services stocks. The funds that invested in banking and financial services stocks have generated 34 percent returns over the past one year.

The performance of the mutual fund schemes that invest in small-cap stocks have been 31.52 percent and that for the mid-cap funds have been 28.76 per cent.

The most talked about category among mutual funds, infrastructure has generated 28.61 per cent returns. The more popular multi-cap mutual funds as a category delivered 25.71 percent returns over the past one year.

What is interesting to note here is that all the above-mentioned categories have considerably outperformed Sensex, which is up by nearly 15.5 percent in the one year period.

DSPBR Natural Resource & New Energy Fund – Reg (G) ( 47.08 percent), Escorts Power & Energy Fund (G) (38.52 percent) and Reliance Diversified Power Sector Fund (G) (33.12 percent) are the top three mutual fund schemes over the one year period in the energy funds category.